iShares Core S&P 500 ETF $IVV Shares Purchased by Investment Planning Advisors Inc.

Investment Planning Advisors Inc. boosted its position in iShares Core S&P 500 ETF (NYSEARCA:IVV) by 14.1% in the second quarter, Holdings Channel.com reports. The firm owned 980 shares of the company’s stock after acquiring an additional 121 shares during the quarter. Investment Planning Advisors Inc.’s holdings in iShares Core S&P 500 ETF were worth $609,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds have also recently added to or reduced their stakes in the company. Envestnet Asset Management Inc. lifted its position in iShares Core S&P 500 ETF by 6.4% in the first quarter. Envestnet Asset Management Inc. now owns 35,694,204 shares of the company’s stock valued at $20,056,573,000 after purchasing an additional 2,160,133 shares during the period. Northwestern Mutual Wealth Management Co. lifted its position in shares of iShares Core S&P 500 ETF by 2.5% during the 1st quarter. Northwestern Mutual Wealth Management Co. now owns 31,297,509 shares of the company’s stock valued at $17,586,070,000 after acquiring an additional 768,618 shares during the period. New Vernon Capital Holdings II LLC lifted its position in shares of iShares Core S&P 500 ETF by 53,779.2% during the 1st quarter. New Vernon Capital Holdings II LLC now owns 24,775,295 shares of the company’s stock valued at $13,921,238,000 after acquiring an additional 24,729,312 shares during the period. JPMorgan Chase & Co. lifted its position in shares of iShares Core S&P 500 ETF by 31.4% during the 1st quarter. JPMorgan Chase & Co. now owns 23,892,610 shares of the company’s stock valued at $13,425,259,000 after acquiring an additional 5,708,115 shares during the period. Finally, PNC Financial Services Group Inc. lifted its position in shares of iShares Core S&P 500 ETF by 1.0% during the 1st quarter. PNC Financial Services Group Inc. now owns 15,270,271 shares of the company’s stock valued at $8,580,365,000 after acquiring an additional 146,638 shares during the period. Institutional investors and hedge funds own 70.12% of the company’s stock.

iShares Core S&P 500 ETF Trading Down 0.0%

IVV stock opened at $672.42 on Friday. The firm has a 50 day moving average of $651.25 and a 200-day moving average of $607.04. iShares Core S&P 500 ETF has a 12-month low of $484.00 and a 12-month high of $675.93. The company has a market cap of $704.39 billion, a price-to-earnings ratio of 25.10 and a beta of 1.00.

iShares Core S&P 500 ETF Profile

iShares Core S&P 500 ETF (the Fund) is an exchange-traded fund. The Fund seeks investment results that correspond generally to the price and yield performance of the Standard & Poor’s 500 Index (the Index). The Index measures the performance of the large-capitalization sector of the United States equity market.